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Allegiant Travel Company announced on Thursday that Gregory C. Anderson, currently the president, will assume the role of CEO in September, succeeding the long-serving Maurice Gallagher. Gallagher, who has been a pivotal figure in the company’s growth, will continue to serve as the chairman of the board. The Las Vegas-based...

Artificial intelligence (AI) is set to significantly enhance economic growth in the US and other advanced economies more than in China and emerging markets, according to a study by Capital Economics. This development is expected to heighten global competition between Washington and Beijing. The study ranks countries based on their...

The U.S. Food and Agriculture sector has long been the nation’s backbone, creating millions of jobs and significantly contributing to the American economy. Yet, as the 21st century progresses, the sector's agricultural and food-processing industries face a growing number of challenges, including labor shortages, rising input costs, and intensifying global...

Small Medium Enterprise (SME) is used to describe the dimension of businesses. However, the characteristic that I think truly defines SMEs is the big overlap between ownership and leadership. SME Owner-Leaders supply the vision and working capital for the business, while also being critical to operations. SME Owner-Leaders are the...

Aliko Dangote, Africa's wealthiest man, recently surprised many Nigerians by revealing that he does not own any property outside of Nigeria. Despite his immense wealth, Dangote stated that he has only two houses, one in his hometown of Kano and another in Lagos, and he rents an apartment whenever he...

"It takes a village to raise a child." — An African proverb What does the African proverb about a village raising a child have to do with entrepreneurship? Plenty. Just as a child thrives in a supportive environment, entrepreneurs excel in bringing innovation to the market when supported, cherished, and...

H.W. Kaufman Group announced on Tuesday the appointment of former American International Group Inc. executive Paul Greensmith as the CEO of H.W. Kaufman Group London, effective October. Greensmith will oversee Kaufman’s operations in the U.K., Europe, South America, and the Middle East. He will report to Jodie Kaufman Davis, Executive...

The Factum Global Business Survey, published last month by consultancy Factum Global, indicates an 8 percent decrease in its overall "sentiment score"—a measure of leaders' attitudes across various business factors—compared to last year. Despite this decline, a significant 77 percent of respondents plan to continue or increase their international activities...

American trucks. This image is recognizable, inextricably associated with continuous roads, the land of opportunity, and an unyielding spirit of entrepreneurship. It seemed that even this romanticized industry of freedom and roaring engines would remain intact through the rapid development of digital technologies, but reality always turned out more pragmatic....

Singapore ranks as one of the top three most optimistic markets, according to the June 2024 Ipsos What Worries the World global survey, with 79% optimism. Second is Indonesia, with 70% optimism, and India is closely behind at 69%. In contrast, the survey indicates a widespread sense of pessimism among...